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In the weird world of Guernsey

November 12th, 2009

More good news in Hines report » Business » This Is Guernsey.

It’s been reported by the Guernsey press that:

A report acknowledging the contribution of offshore centres is yet more good news for the island, says GuernseyFinance chief executive Peter Niven.

This is the STEP report on which I commented last week. Amazingly Peter Niven thinks the two support each other, saying:

This interestingly ties in with the Tax Justice Network’s recently published research on opacity in the world’s finance centres, where top of the list was the US state of Delaware – used by many companies and individuals as it has one of the laxest regulatory regimes in the world and if it were anywhere else but in the US it would have been shut down years ago.

This video explains just how far apart we are:

Guernsey must be seriously lacking in analytical ability of they can link TJN and STEP.

Richard Murphy Financial Secrecy Index, Guernsey, Secrecy jurisdictions

  1. Arnald
    November 28th, 2009 at 00:54 | #1

    Peter Niven, of GuernseyFinance, has written a petulant email to a people’s represent criticising her for asking for further information ahead of a government debate about how much funding the public should be legislating for their actions in promoting thhis private enterprise. An amendment she is seconding was asking that the industry itself should pay more rather than the tax payer. She has leaked this info because of the scurrilous language he used.

    This man is instrumnetal in trying to lobby the Guernsey gov to support its enterprise in places such as a rapidly declining Dubai market, as well as a kleptocracy in Russia and a totalitarian China.

    Who does he think he is. Too much power in the hands of self promoting over paid publically funded egomaniacs is symptomatic of the crisis faced in Guernsey.

    The public know nothing here.

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